Browsing: oil

The Serbian Government has formally requested the US administration to grant another postponement of sanctions on oil company NIS, citing its Russian ownership. The current extension,…

The Montenegrin Ministry of Mining, Oil and Gas plans to relaunch the tender for the reconstruction of state-owned oil storage facilities in the coastal city of…

In the third week of March, Brent crude oil futures for the Front Month on the ICE market remained above $70 per barrel. The weekly low…

Albanian exports, excluding oil, experienced a record decline of 28 percent in the first two months of 2025, according to INSTAT data. Domestic production in most…

A recent analysis of EU nations’ expenditures on Russian oil and gas imports compared to their financial, military and humanitarian aid to Ukraine reveals significant disparities.…

Serbian oil company NIS has requested the US Treasury Department to remove it from the SDN (Specially Designated Nationals) list. While awaiting a response, NIS has…

MOL has made a significant oil discovery near Somogysamson in western Hungary. Exploration drilling, conducted in December 2024 at a depth of 1,250 meters, has confirmed…

During the second week of March, oil, gas, and CO2 futures prices experienced fluctuations due to a mix of global economic concerns and geopolitical tensions. Brent…

Romanian oil and gas company OMV Petrom will supply Cluj International Airport with sustainable aviation fuel (SAF) in 2025, supporting efforts to reduce carbon emissions in…

In the first week of March, Brent oil futures saw a decrease in prices, following a 2.1% drop on Monday, March 3, from the last session…